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Historical Event on 7/1/1996
RBI reduces cash reserve ratio to 12\%.
| Other Historical Dates and Events |
| 8/30/1979 | Earl Louis Mountbatten of Burma, a World War II hero, last British Viceroy in India and the first Governor General of independent India, was killed when Irish terrorists exploded his family fishing boat off the coast of Ireland. The Provisional wing of the Irish Republican Army immediately took credit for the killing, which it described as 'an execution' designed to further 'the noble struggle to drive the British intruders out of our native land'. |
| 8/2/1781 | Sakharambapu Bokeel, great politician in Maratha kingdom, died. |
| 7/20/1654 | Portugal was taken over by Britishers. |
| 10/20/1962 | The first IAFunit No. 2 squadron re-equipped with the Gnat at Ambalan and No.9 squadron soon followed suit. |
| 11/8/1988 | Salman Rushdie's 'The Satanic Verses' awarded 1988 Whitbread Prize. |
| 6/17/2000 | Danial Latifi (83), well known jurist and senior Supreme Court advocate, died of cancer in New Delhi. |
| 8/9/1893 | Shivpujan Sahai, famous Hindi story writer and novelist, was born at Bihar in a middle class family. |
| 10/11/1994 | Molly Chacko at Hiroshima sets record for 3000m (Women) in 9.06.42. |
| 9/8/1991 | Hostage ONGC engineer T.S. Raju and mediator Bipul Mahanta, an Amnesty International member, killed by ULFA in Assam. |
| 7/15/2000 | The Maharashtra Government gives the green signal to police to proceed against Shiv Sena Chief Bal Thackeray for his alleged role in the 1992-93 Mumbai communal riots. |
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